THE METAVERSE COULD BE AN OPPORTUNITY TO ADOPT NATIONAL CRYPTO COINS
The American tech giants are creating an immersive world that mirrors and expands the real one, giving users the opportunity to make dreams come true and therefore have sensations that they could not afford in the real world. Misused it could become a digital opium.
Today childrens, after having obtained the authorization from their parents to be able to go and play with their friends, sit in front of a screen interacting through a video game with other people presumably of their age, or perhaps with virtual friends created by a software for stimulate the permanence in the video game, living a profound Metaverse experience.
The huge investments of software, social and gaming giants allow the development of "worlds" that go beyond those of the video games we know today, with a real three-dimensional digital expansion of the real world with uses certainly also in the working sectors, school, medical as well as gaming. Recently some sales of products and services have jumped to the headlines, obtaining important payments that have been spent, for someone invested, to own a digital asset that can only be used in the digital world.
This tumultuous development of the Metaverse world or more precisely of the Metaverse worlds could help to rapidly adopt the use of the Digital Euro as the entry of new users will certainly be more comfortable using a Token that in principle should be less volatile and easy to understand when used with respect to a private currency. The first experiences in San Salvador where following the Salvadoran Parliament's decision to approve cryptocurrency as a fully legal digital currency, after a first initial reluctance, even a street vendor gets paid in Crypto confirm this direction.
The Digital Euro is a project that the ECB and the national central banks of the euro area have started to evaluate the possibility of issuing a new form of Central Bank currency which is referred to as Central Bank Digital Currency or CBDC.
The CBDC could also be used outside the digital world or in the real world allowing to better weigh its use, when the user buys a physical asset and not just digital as is happening on Salvadoran beaches.
Avv. Gianvirgilio Cugini, Member of the Commission set up by the Italian Ministry of Cultural Heritage for the development of operational guidelines on NFT's and cryptoart and partner of the Grimaldi Alliance who speaks in a personal capacity.